US DOC announces preliminary AD margins in wire rod trade case

Thursday, 26 October 2017 17:32:01 (GMT+3)   |   Istanbul
       

The US Department of Commerce (US DOC) has announced that it has imposed preliminary antidumping (AD) duty on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom.

Accordingly, the preliminary antidumping duty rates range between 2.8 percent and 147.63 percent for the mentioned imports from seven countries.

According to the DOC's statement, in 2016 imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the UK were valued at an estimated $12.2 million, $45.6 million, $7.1 million, $40.7 million, $41.4 million, $55 million, and $20.5 million, respectively.

The DOC is scheduled to announce its final determinations on or about January 8, 2018, while the ITC is scheduled to make its final injury determinations in February 22, 2018.

The products in question currently fall under the Harmonized Tariff Schedule of the United States (HTSUS) 7213.91.3011, 7213.91.3015, 7213.91.3020, 7213.91.3093, 7213.91.4500, 7213.91.6000, 7213.99.0030, 7227.20.0030, 7227.20.0080, 7227.90.6010, 7227.90.6020, 7227.90.6030 and 7227.90.6035.

Country

Exporter/Producer

Preliminary AD duty rate

Italy

Ferriere Nord S.p.A.

22.06%

Ferriera Valsider S.p.A.

22.06%

Others

22.06%

South Korea

POSCO

10.09%

Others

10.09%

South Africa

ArcelorMittal South Africa Limited, Scaw South Africa (Pty)
Ltd. (also known as Scaw Metals Group), and Consolidated
Wire Industries

142.26%

Others

135.46%

Spain

Global Steel Wire/ CELSA Atlantic SA/ Compania Espanola de Laminacion

20.25%

ArcelorMittal Espana S.A

32.64%

Others

20.25%

Turkey

Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S.

2.80%

Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S

8.01%

Others

5.41%

Ukraine

ArcelorMittal Steel Kryvyi Rih OJSC

44.03%

Public Joint Stock Company (PJSC) Yenakiieve Steel

44.03%

Others

34.98%

UK

British Steel Limited

41.96%

Longs Steel UK Limited

147.63%

Others

41.96%


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